Monolithic relational databases are the normal basis of monetary core ledger methods. However, the method of constructing and working mission-critical ledgers to trace and reconcile funds and cash motion is advanced.
Twisp is rethinking core accounting and monetary orchestration on a cloud-native ledger system, so builders can cease re-inventing the ledger and give attention to constructing merchandise their buyer’s love.
While you provision an occasion of the Twisp accounting core, you get a transactions ledger for double-entry accounting, a chart of accounts to signify any financial exercise, and layered balances for monitoring settled, pending, and deliberate funds flows. All of that is accessible by way of an easy GraphQL API.
On this episode, we converse with Jarred Ward, Co-founder & CEO of Twisp.
Beforehand, Jarred was principal engineer at Easy, the primary neobank, and later led the group constructing Open Platform at BBVA, one of many first banking-as-a-service merchandise.
To study extra about Twisp and get entry to a sandbox ledger, go to: https://www.twisp.com/
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